NCR Voyix (NYSE:VYX) Price Target Raised to $13.00

NCR Voyix (NYSE:VYX) had its price target raised by Royal Bank Of Canada from $10.00 to $13.00 in a research note published on Thursday morning,Benzinga reports. Royal Bank Of Canada currently has an outperform rating on the stock.

A number of other brokerages have also recently weighed in on VYX. Weiss Ratings reiterated a “sell (d)” rating on shares of NCR Voyix in a research note on Wednesday, June 24th. Needham & Company LLC increased their price objective on NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a report on Thursday. Finally, The Goldman Sachs Group raised their target price on shares of NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Four investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $14.00.

NCR Voyix Stock Down 1.6%

VYX opened at $8.24 on Thursday. The business’s 50-day simple moving average is $7.90 and its 200-day simple moving average is $7.81. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.07. NCR Voyix has a one year low of $6.02 and a one year high of $13.81. The stock has a market capitalization of $1.14 billion, a P/E ratio of 20.61 and a beta of 1.39.

NCR Voyix (NYSE:VYX) last announced its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The firm had revenue of $523.00 million during the quarter, compared to analysts’ expectations of $515.95 million. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%.The business’s revenue was down 21.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Analysts anticipate that NCR Voyix will post 0.67 EPS for the current year.

Hedge Funds Weigh In On NCR Voyix

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. BlackRock Inc. purchased a new stake in NCR Voyix during the 2nd quarter valued at approximately $184,310,000. Deutsche Bank AG acquired a new stake in NCR Voyix during the 2nd quarter worth approximately $1,250,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of NCR Voyix in the 2nd quarter valued at approximately $198,000. Bank of New York Mellon Corp purchased a new position in shares of NCR Voyix in the 2nd quarter valued at approximately $7,198,000. Finally, State of Wyoming acquired a new position in shares of NCR Voyix in the second quarter valued at approximately $671,000. Hedge funds and other institutional investors own 97.00% of the company’s stock.

NCR Voyix Company Profile

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.